Jefferies Affiliate Apex Credit Partners and Subsidiary Point Bonita Capital Face Exposure to First Brands Bankruptcy
Jefferies Financial Group Inc. holds a 50% stake in Jefferies Finance LLC, which is affiliated with Apex Credit Partners LLC, a subsidiary managing CLOs with $4.2 billion in assets, including exposure to First Brands’ term loans. Point Bonita Capital, part of Leucadia Asset Management, manages a $3 billion trade-finance portfolio with accounts receivables from First Brands. This news highlights the financial exposure of these entities to First Brands' bankruptcy.
Jefferies Financial Group Inc. holds a 50% stake in Jefferies Finance LLC, making it an affiliate. Apex Credit Partners LLC is a wholly owned subsidiary of Jefferies Finance. Apex manages CLOs with approximately $4.2 billion in assets under management, including exposure to First Brands’ term loans. Point Bonita Capital, a division of Leucadia Asset Management, manages a $3 billion trade-finance portfolio that includes accounts receivables from First Brands. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jefferies Financial Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251007627790) on October 08, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
